Malaysian share prices ended down 0.7 percent on Tuesday as investors unwound positions ahead of opposition leader Anwar Ibrahim's scheduled court appearance on sodomy charges, dealers said. The Kuala Lumpur Composite Index fell 7.38 points to close at 1,068.55, with 383 declining stocks outnumbering 177 rising stocks.
"There are concerns that street protests could break out if Anwar is denied bail and sent back to prison," one dealer told Dow Jones Newswires, tipping the benchmark index to trade within a 1,050-1,080 range Wednesday. Anwar's Keadilan party has said that protests could erupt if the court revokes the decision to grant him bail as he faces trial on sodomy allegations - the same charge that saw him jailed a decade ago. Among the decliners, Sime Darby fell 3.1 percent to 6.25 ringgit, KL Kepong slipped 5.0 percent to 10.50, and Perwaja eased 5.0 percent to 1.72.
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